Linda Roberts2 said:Of course, General Motors is now a major driver of development in Mexico. Every single day, two trains loaded with cars head out from Detroit for export. The plant was designed for 300,000 units, and they're currently hitting 200,000, with daily production at 480 cars across two shifts. They're even planning a third shift next month to ramp things up further.
The benefits are pretty multifaceted: worker training and employment, narrowing the trade deficit, bringing in secondary suppliers, infrastructure growth, expanding production lines, and implementing high-level automation and computerization.
General Motors has also teamed up with local colleges and vocational schools, even helping out with training equipment. For instance, the local technical school received mini-robots for training that are basically clones of the ones used on the actual assembly line.
At first, there was a lot of pushback about giving General Motors too many incentives—like $10,000 per worker and ten years of tax breaks—but ever since production actually kicked into gear, nobody seems to care about those initial complaints anymore.
Oh sure, everything is just sunshine and rainbows according to you.
I wouldn't even be posting this if I didn't think people needed to see the other side of the coin.
Oh yeah, Mexico also dumped 700 million Euros into this General Motors project. I am dying to know exactly when they'll see a return on that investment, and more importantly, what kind of shady details are buried in that secret contract?